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Nicaragua Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS

Nicaragua's trade openness was 108.34% in 2025, ranked 64th globally. This represents a 10.0% increase from 2024. Data from World Bank, covering 1960–2025.

108.34% +9.81% (+10.0%)
Year 2025 Rank #64 Global Peak 115.45% (2022) Source World Bank

Nicaragua Trade Openness (1960–2025)

Overview

Nicaragua's trade openness stood at 108.34% in 2025, a rise of +9.81% from 2024. Based on recent trends, this figure is projected to reach 108.34% by 2025. Nicaragua ranked 64th globally.

Nicaragua’s trade openness, measured as the sum of exports and imports relative to GDP, has risen from 49.82 in 1960 to 108.34 in 2025, placing the country 64th globally. The indicator reached its all‑time high of 115.45 in 2022, reflecting a post‑pandemic surge in both export volumes and import demand, while the deepest contraction occurred in 1987 at 25.53 amid the country’s internal conflict and external sanctions. Over the 66‑year coverage period, Nicaragua’s openness has more than doubled, narrowing the gap with peers such as the Democratic Republic of Congo (109.03) and Poland (109.11), which now exhibit comparable levels. The upward trajectory suggests that continued diversification of export markets and investment in logistics infrastructure could sustain higher openness, whereas renewed political instability or protectionist policies would likely reverse the trend.

Data & projection

Year Trade Openness YoY change Rank
2027* trend 112.05% - -
2026* trend 110.19% - -
2025* trend 108.34% - -
2025 108.34% +9.81% #64
2024 98.53% −6.48% #102
2023 105.00% −10.45% #114
2022 115.45% +9.25% #130
2021 106.21% +17.57% #135
2020 88.64% −5.40% #128
2019 94.04% +0.06% #117
2018 93.98% −2.40% #118
2017 96.38% +2.57% #118
2016 93.81% −4.38% #118
2015 98.19% −8.50% #126
2014 106.70% −4.29% #132
2013 110.98% −4.19% #134
2012 115.18% +3.35% #136
2011 111.83% +11.46% #134
Show all years (1960-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +12.1% GDP growth 3.6% C/A balance 4.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Nicaragua matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is Nicaragua's trade openness?▾

Nicaragua's trade openness was 108.34% in 2025. Ranked 64th globally. This represents a 10.0% increase from the previous year.

What was the highest trade openness in Nicaragua?▾

Nicaragua's trade openness peaked at 115.45% in 2022.

What was the lowest trade openness in Nicaragua?▾

The lowest trade openness in Nicaragua was 25.53% in 1987.

How does Nicaragua rank in trade openness?▾

Nicaragua ranks 64th globally in trade openness as of 2025.

What is the World Bank indicator code for trade openness?▾

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

What is the projected trade openness of Nicaragua in 2025?▾

Nicaragua's trade openness is projected to reach 108.34% by 2025 based on trend extrapolation.

What is the trade openness of Nicaragua in 2025?▾

The trade openness of Nicaragua in 2025 was 108.34%. This ranks 64th in the world.

Cite this page

APA
Nicaragua Trade Openness. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/nicaragua/trade-openness/
BibTeX
@misc{historysaid_nicaragua_trade-openness, title = {Nicaragua Trade Openness}, url = {https://historysaid.com/nicaragua/trade-openness/}, publisher = {HistorySaid}, year = {2026} }
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